After many hours of analysis and listening to varied opinions, I conclude:
2025 has been a bad year for Bitcoin's price action.
A pessimistic sentiment persists among retail investors, who are already out of the market due to fears of a four-year cycle decline.
In 2026, we will see a significant rise.
We will be free of the cycle theory, and retail investors will re-enter once this fear subsides.
I don't believe it will be a bullish parabola, but rather a continuous, less volatile, and more consistent rise, which will likely continue into 2027.
End of statement.
